DXY - Breakout

٢١ نوفمبر ٢٠١٦

Last week the U.S Dollar broke out and closed above an extremely important resistance level and it has raised a lot of questions in terms of analysis going forward.

Straight away you can see price has been stuck in consolidation since the beginning of 2015. Testing support and resistance multiple times within that 2 year time period, struggling to breakout until now!

Everyone keep an eye on the charts for potential trend reversals or trend continuations.